and to be disseminated to holders of Shares, in each case as and to the extent

payments to unitholders of income realized by a fund.

however, the optionee generally will realize ordinary income in an

specified, including the notion of independent unitholder which has been

You can hold part of these funds by purchasing units and becoming a unitholder.

The nontaxable portion (84.423%) will be considered a return of capital to the unitholder and will reduce the adjusted cost base of the unitholder’s trust unit.

The investor does not have any of the rights bestowed on a shareholder.

The nontaxable portion (86.9897%) will be considered a return of capital to the unitholder and will reduce the adjusted cost base of the unitholder’s trust unit.

The non-taxable portion (43.49494%) will be considered a return of capital to the unitholder and will reduce the adjusted cost base of the unitholder’s trust unit.

The nontaxable portion (47.1208%) will be considered a return of capital to the unitholder and will reduce the adjusted cost base of the unitholder’s trust unit.

TransCanada is the general partner and a common unitholder (13.4 per cent interest) of PipeLines LP.

for the purposes of performing the contract with a registered shareholder or unitholder, or in anticipation of an applicant for shares or units becoming a registered shareholder or unitholder, namely:

debt, and that dividends paid to individual U.S. unitholders should be

provided that, in the case of indirect ownership, each intermediate owner

ownership, each intermediate owner is a resident of that